Daniel S. Jaffee - Sep 6, 2023 Form 4 Insider Report for Oil-Dri Corp of America (ODC)

Role
Chairman, President and CEO, Director, 10%+ Owner
Signature
/s/ Laura G. Scheland by Power of Attorney
Stock symbol
ODC
Transactions as of
Sep 6, 2023
Transactions value $
$0
Form type
4
Date filed
9/8/2023, 04:39 PM
Previous filing
Oct 21, 2021
Next filing
Oct 20, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ODC Class B Stock Award $0 +125K +27.93% $0.00 572K Sep 6, 2023 Common Stock 125K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Class B Stock may be converted at any time at the option of the holder into Common Stock on a share for share basis. See note 134 to SEC Release 34-288691.
F2 Restricted stock granted pursuant to the Oil-Dri Corporation of America 2006 Long Term Incentive Plan in a transaction exempt under rule 16b-3.
F3 The shares shall become non-forfeitable as follows on the anniversaries of October 19, 2023: (i) 16,000 shares on each of the first and second anniversaries; and (ii) 31,000 shares on each of the third, fourth and fifth anniversaries, subject to the Reporting Person's continued employment with Issuer (except in the case of termination due to death or disability, termination without cause, or his termination for good reason).